UP Food Processing Industry Policy 2017
Key Policy Objectives
Affirm fair & remunerative price of the produce to the growers
Ensure Value addition to the price of raw produce
Promote setting up of food processing industries
Easy availability of processed food products to consumers at competitive prices
Generation of new employment opportunities in the sector
Key Policy Highlights
Uttar Pradesh Food Processing Industry Policy 2017
- Capital Investment Subsidy @25% upto Rs 50 lakhs
- Additional Grants-in-aid to Mega Food Parks upto Rs 50 Cr under SAMPADA scheme
- Additional Grants-in-aid @10% under SAMPADA scheme for fruits and vegetables processing industries
- Interest Subsidy@100% for 5 years to micro and small food processing industries,, and @7% for 5 years for establishments other than micro and small food processing industries.
- Interest Subsidy for purchase of reefer vehicle/ mobile cooling van @7% for 5 years
- Export promotion incentive @50% reimbursement of expenses incurred on exporting processed food samples for test marketing; and reimbursement of 25% of transportation cost up to INR 10 lakhs p.a. for 3 years. Also 20% reimbursement of Free On Board value up to Rs 20 lakhs per beneficiary p.a. for 3 years.
- Patent registration fee reimbursement @75% and Quality certification fee reimbursement @50% for internationally accepted quality certification
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